Plastic Omnium

2020 strategy calls for sales to reach EUR 8 bn / Plans to invest billions

Packaging producer buys Dutch waste container manufacturer ESE World

German industrial holding acquires utility vehicle supplier plants from Plastic Omnium and Mecaplast

Entry into electric energy propulsion systems / Hydrogen and fuel cells to reduce vehicle weight / Cooperation with Israel's Elbit Systems to create POCellTech start-up company

Ronan Stephan appointed scientific director

Operating profit and revenues grow in H1 2016 / Europe and Asia drive sales gains / Strong fundamentals provide basis for integration of Faurecia's exterior systems business

European Commission gives conditional approval for purchase of Faurecia's Exterior Systems unit / Deal contingent on divestiture of seven European plants

Sales approach EUR 1.6 bn / Duffner era comes to an end / Collaboration with Japan's Starlite / Composite undercarriage as next step in light-weighting / Investing several million euros in medical engineering

Renolit CEO Michael Kundel unanimously re-elected as EuPC president / European plastics processors must work together to defend their interests

Proposed takeover of Faurecia's Exterior Systems unit enters round two / EUR 665m deal expected to close in H2

Claude Clément elected as chairman of EuPC Automotive and Transport division

Profits at automotive OEM more than double in 2015 / Cautious outlook for 2016

French OEM drawn to auto boom in the US / Investing USD 650m in four additional plants

Jean-Michel Szczerba appointed co-CEO of French OEM

Deal to combine with fellow consumer goods giant Jarden Corporation / Latest mammoth merge would create USD 16 bn mega-company / Completion expected in Q2 2016

MoU to acquire Faurecia's Automotive Exteriors business / EUR 665m deal would propel company to top 25 ranking of global OEM providers

Automotive development centre in Japan

Last remaining interiors plant in Berlin sold to Automotive Plastics Components Holding

Big engines, individualised cars roar at “IAA 2015” / Small combustion engines steal the show from e-vehicles / OEMs favour structural parts made of steel and aluminium / GFRP and CFRP deemed too expensive / Hybrid materials pose a challenge for recycling

Robust operating growth in first half / New orders mean 2018 sales target will be met one year ahead of schedule / Automotive drives gains

Luc Messien elected as president of French plastic automotive OEM association GPA

Footprint in eastern Europe expanded / Focus on Romania and Bulgaria

Gains in sales and operating profit as investments come on stream / Asia and western Europe deliver greatest growth / Plan to increase sales to EUR 7 bn by 2018 is on track

French plastics processor continues to expand / Plans for 20 new facilities by 2018

French automotive supplier planning EUR 1.7 bn in investments / Sales increase / Growth expected to pick up significantly from 2016 onwards